Analysts Anticipate Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) to Post $0.36 EPS

Wall Street brokerages predict that Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) will post earnings per share (EPS) of $0.36 for the current quarter, according to Zacks. Four analysts have provided estimates for Hannon Armstrong Sustnbl Infrstr Cap’s earnings. The lowest EPS estimate is $0.33 and the highest is $0.38. Hannon Armstrong Sustnbl Infrstr Cap reported earnings of $0.37 per share in the same quarter last year, which would indicate a negative year over year growth rate of 2.7%. The company is scheduled to announce its next quarterly earnings results on Thursday, February 20th.

On average, analysts expect that Hannon Armstrong Sustnbl Infrstr Cap will report full-year earnings of $1.37 per share for the current financial year, with EPS estimates ranging from $1.33 to $1.42. For the next year, analysts expect that the business will post earnings of $1.47 per share, with EPS estimates ranging from $1.43 to $1.51. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Hannon Armstrong Sustnbl Infrstr Cap.

Several equities research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Thursday, November 28th. ValuEngine cut shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $28.50.

Shares of HASI stock traded up $0.37 during trading hours on Wednesday, reaching $29.09. 11,858 shares of the company’s stock were exchanged, compared to its average volume of 371,097. Hannon Armstrong Sustnbl Infrstr Cap has a fifty-two week low of $18.83 and a fifty-two week high of $31.22. The stock has a market capitalization of $1.93 billion, a P/E ratio of 24.44, a P/E/G ratio of 8.92 and a beta of 1.01. The business has a fifty day moving average price of $29.16 and a 200-day moving average price of $28.02. The company has a quick ratio of 29.13, a current ratio of 29.13 and a debt-to-equity ratio of 1.54.

In other Hannon Armstrong Sustnbl Infrstr Cap news, Director Michael T. Eckhart acquired 1,000 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was bought at an average price of $28.76 per share, for a total transaction of $28,760.00. Following the purchase, the director now owns 1,000 shares in the company, valued at approximately $28,760. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Daniel K. Mcmahon sold 5,000 shares of the stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $28.74, for a total transaction of $143,700.00. Following the completion of the transaction, the executive vice president now owns 223,233 shares of the company’s stock, valued at approximately $6,415,716.42. The disclosure for this sale can be found here. 3.60% of the stock is owned by company insiders.

Several institutional investors have recently modified their holdings of the company. First Trust Advisors LP increased its position in shares of Hannon Armstrong Sustnbl Infrstr Cap by 81.9% during the 1st quarter. First Trust Advisors LP now owns 173,815 shares of the real estate investment trust’s stock worth $4,457,000 after purchasing an additional 78,256 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 73.3% during the second quarter. Nisa Investment Advisors LLC now owns 5,986 shares of the real estate investment trust’s stock worth $169,000 after buying an additional 2,531 shares in the last quarter. FDx Advisors Inc. acquired a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap during the second quarter worth approximately $222,000. Strs Ohio raised its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 3.1% in the second quarter. Strs Ohio now owns 16,400 shares of the real estate investment trust’s stock valued at $462,000 after acquiring an additional 500 shares during the last quarter. Finally, Putnam FL Investment Management Co. raised its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 29.8% in the second quarter. Putnam FL Investment Management Co. now owns 16,675 shares of the real estate investment trust’s stock valued at $470,000 after acquiring an additional 3,826 shares during the last quarter. Institutional investors and hedge funds own 74.46% of the company’s stock.

About Hannon Armstrong Sustnbl Infrstr Cap

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through the use of solar generation, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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